This is the evolution of a charting concept based on time, pivots and price
We are looking at the 20+ year treasury bond ETF TLT as i think this is a vital chart for the coming decade
Here i have added in a 'mother' pitchfork off the three marked major pivots
I plan to add some analysis below
G.R.I Dec '21
We are looking at the 20+ year treasury bond ETF TLT as i think this is a vital chart for the coming decade
Here i have added in a 'mother' pitchfork off the three marked major pivots
I plan to add some analysis below
G.R.I Dec '21
Note
We see the first move on the macro chart was an ABCD Note
This move could be conceptualised as back to back ABCDsNote
we could also consider a XABCD pattern as shown Note
I am not a believer in Elliott wave theory but i do believe (as did Dr. Alan Andrews) that 5/3 pivot moves are keyNote
An Andrews Pitchfork off the 0-3/4 pivots in our log chart captures this whole move beautifully Note
This also fits well with the three drive principle 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.